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RealT Secondary

10062 Somerset Ave, Detroit, MI 48224

🇺🇸 Detroit, MI

⚠️ RealT platform notice: RealT suspended rental distributions to global investors in Feb 2026, and City of Detroit litigation, a court rent-escrow order, and a sale process are underway. The yields, NAV and rent shown below are past data (avg ~2 years old) that RealT stopped updating and do not reflect current income. Only the on-chain market price (YAM) is live.
10062 Somerset Ave, Detroit, MI 48224 — photo 1 1 / 4

Total Asset Value

$8,150

$82,462 raised

Price

$5.00 / token -61.5% vs previous fill

-90.1% vs issue price · NAV $35.89 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

9.04%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

91.44%

assumes frozen rent keeps paying — unreliable

⚠️ Risk signals

✕ 2 ! 0 ✓ 4

red = caution · click to inspect each signal

Cheapest live asks on YAM — prices current; yield uses frozen rent

$5.00 · 1.472947 tokens 91.44%
$12.34 · 3.603673 tokens 37.05%
$13.00 · 1.592191 tokens 35.17%

🔔 Watch this property

Get alerted when liquidity drops, a lawsuit is filed, or distributions stop.

Risk check Fully occupied Property tax delinquent Blight fines unpaid Minimal flood risk Sellable -90% vs issue

Overview

4/5
Platform
RealT
Token symbol
Not provided
Asset class
Real estate
Market
Secondary
Status
Active

Exit & Liquidity

2/9
Sellability
Traded recently
Trades (7d)
0 fills

Chance of selling

ⓘ
42% within 7 days
50% within 30 days

RealT platform average. Measured 2026-07-29: across 754 listings a listing’s own history did not predict its next period — month-to-month swings (27–61%) are larger than the differences between listings.

Executed trades

20 fills

Actual fills on the secondary market, newest first — not open orders. Updated hourly; where a transaction hash exists the date links to the chain.

When Tokens Price Value
11d ago 2.491 $5.00 $12.46
13d ago 0.0938 $13.00 $1.22
Aug 3, 2026 0 - $0.00
Jul 7, 2026 1 $49.60 RMM $49.60
Apr 22, 2026 0.7099 $13.97 $9.92
Apr 6, 2026 0.0081 $5.06 $0.04
Apr 6, 2026 1.3 $5.06 $6.58
Mar 20, 2026 0.15 $9.00 $1.35
Mar 11, 2026 1.6775 $15.00 $25.16
Mar 9, 2026 0.1 $14.47 $1.45
Mar 5, 2026 0.0001 $13.03 $0.00
Mar 3, 2026 0.1 $13.90 $1.39
Feb 25, 2026 1.9845 $13.03 $25.86
Feb 24, 2026 0.1 $13.03 $1.30
Feb 23, 2026 0.35 $14.03 $4.91
Feb 22, 2026 0.6097 $15.03 $9.16
Feb 21, 2026 0.5595 $18.82 $10.53
Feb 20, 2026 0.0949 $23.90 $2.27
Feb 8, 2026 0.0003 $20.00 $0.01
Feb 8, 2026 0.519 $20.00 $10.38

Returns

7/11
Net APY
9.04%
Gross APY
15.13%
Cash-on-cash
9.04%
Gross rent / yr
$12,480.00
Monthly rent
$1,040.00
Net rent / yr
$7,452.00
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 131 fills, oldest first
Metric

interval

Dec 24 $0.01–$55.16 Oct 26

How net yield is calculated

Tenants pay gross rent, but property management (~7%), insurance, property tax, maintenance and the platform fee come out before you’re paid. Net rent is what’s left to distribute — those costs fall on the investor, not the platform. The platform keeps only its listing/trading fee.

Net 60%
Costs 40%
Net rent $7,452.00/yr distributed to holders of $12,480.00 gross rent collected

Valuation

12/17
Current price / token
$5.00 · 2.491 tokens ($12.46) · 11d ago
Appraisal NAV
$35.89 · frozen
Premium / discount vs NAV
-86.1% · frozen
Underlying value
$58,500.00
ZIP home value (Zillow)
$81,949.80
ZIP rent (Zillow)
$1,338.24
Median home value (ACS)
$40,300.00
Median rent (ACS)
$985.00
HUD fair market rent
$1,660.00 (3BR · ZIP)
Rent vs HUD FMR
-37.3%
County-implied value (2× assessed)
$57,800.00
Last recorded sale
$2,500.00 (2014-08-28)

Risk

9/16
LTV
Not provided
Occupancy
1/1 units
Vacancy rate (tract)
27.00%
Vacancy rate (county)
12.90%
Income vs county
-52.4%
Income trend
-6.8%
Population trend
-0.2%
County tax standing
DELINQUENT · $3,888.29
Blight tickets
8 tickets · 6 unpaid ($1,720.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
1,053
Total tokens
1,630
Top holder
16.11%
Top 5
23.80%
Top 10
30.74%
Largest holding
207.011 tokens
Effective holders
33
HHI
302.9
Distribution of the top 25 holders and the combined remainder — hover for value & quantity

Read live from Gnosis Chain: every holder's on-chain balance across 1,053 wallets (issuer/reserve excluded). Higher top-holder share means a single seller can move the price.

Property & Neighborhood

10/13
Address
Not provided
Taxpayer of record
BROOKIN, JAMILA
Location
Detroit, MI
Country
United States
Property type
Single-family
Beds / baths
3 Beds / 1 Bath
Size
1,168 sqft
Year built
1940
Operating since
2025-03-01 (1y 7m in)
Median income (tract)
$28,304.00
Population (tract)
1,639

Off-chain neighborhood data — US Census ACS 5-year (tract 501200) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.